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3781 Martin Luther King Jr. Dr
Atlanta, GA 30331

Qualified Opportunity Zone - Atlanta · Multifamily Property For Sale · 26 Units

PROPERTY FACTS

No. Units 26
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 1.65 AC
Building Size 28,452 SF
Average Occupancy 96%
No. Stories 2
Year Built/Renovated 1966/2019
Parking Ratio 0.56/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Laundry Facilities

ABOUT 3781 MARTIN LUTHER KING JR. DR , ATLANTA, GA 30331

Exclusively listed by Adrian Provost + Compass, Palace Gate Townhomes is a partially renovated value-add multifamily asset consisting of 26 units and 1 office located in a Qualified Opportunity Zone in the Fulton Industrial District, the largest business complex in the Atlanta region. Palace Gate represents a rare opportunity to acquire an outstanding community with phenomenal proximity to major economic & education drivers, transportation, employment, and entertainment - promising a remarkable amount of upside potential. Palace Gate Townhomes is conveniently located just off the Perimeter (I-285) and I-20. Residents can easily access South Fulton’s major employment and retail drivers. Due to its advantageous locational attributes, the area remains competitive for industrial users and posses a potential to elevate its current positioning in an extremely attractive marketplace.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 20 - 1,000
3+1 6 - 1,200

ZONING

Zoning Code RG3
  • Listing ID: 16214092

  • Date on Market: 6/1/2019

  • Last Updated:

  • Address: 3781 Martin Luther King Jr. Dr, Atlanta, GA 30331